India’s polyester-viscose yarn export plunge 49.5%

In November, US$6.5 million worth of PV yarns were exported from India, down 49.5 per cent YoY with volumes at 2.33 million kgs, down 52 per cent YoY. Turkey continued to be largest importer of PV yarns from India followed by Iran with total volume at 1.3 million kg worth at US$3.66 million.

Iran, USA, Pakistan, Russia and Egypt were the fastest growing markets for PV yarns while Sri Lanka and South Africa significantly reduced its import of PV yarns from India.

Honduras and Mexico were the new major markets for PV yarn while 10 countries did not import any PV yarn during the month, including the major ones like Argentina and Peru.

Courtesy:YnFx – Fibre and yarn Exports – India

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